The Alternative Currencies Destruction: How and Why

Given the vast ramifications of this week’s “ALTERNATIVE CURRENCIES DESTRUCTION”; in which – “coincidentally” – PAPER PMs and Bitcoin were crashed immediately after a closed-door meeting between Obama and the CEOs of JP Morgan and Goldman Sachs (the latter of which promptly issued a gold “short-sell recommendation”), I thought I’d give you some additional commentary to digest.

This piece is not meant to discuss said ramifications – such as the PHYSICAL BUYING FRENZY it has fostered; but instead, to give you “expert analysis” of how it was carried out, and why. Fortunately, I can lean on the expertise of giants in our field, as these were some of the best commentaries I could find. After reading them, I think your resolve to RUN (don’t walk) from “PAPER PM Investments” will be stronger than ever; as will your urgency to PROTECT assets with REAL MONEY.

His premise is that they are aggressively covering shorts; and given that – as of last Tuesday – both metals had their lowest “Commercial” short position in years, the $64,000 question is whether or not they will attempt to go LONG – for the first time in the ENTIRE PM BULL MARKET…

Experience Excellence

For 28 years the staff at Miles Franklin has delivered excellence in many ways – knowledge, relationships, product offers and customer service. They understand the macro/micro economics and geo–political advantages to investing in precious metals to protect your wealth. The team at Miles Franklin build life-long relationships because they custom-tailor solutions for investing in precious metals to meet each individual’s needs and circumstances. Our brokers have or can acquire most any type of precious metal from anywhere in the world. Each and every order is managed and monitored from start to finish. We are licensed, bonded, and carry an A+ BBB rating.